Federal Court Orders Florida Resident Todd Owen Marshall, Harvard Assets LLC, London Assets Inc. & Harvard International Trading, Inc. to Pay More than $2.4 Mln for Engaging in Illegal, Off-Exchange Precious Metals Transactions & Registration Violations Registration / supervisory violation

CFTC release 7393-16 · 2016-06-21 · view on cftc.gov ↗

Key facts

Release number: 7393-16
Release date: 2016-06-21
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7393-16

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.